Taxes

GOP leaders push for more income tax cuts

A rate-cutting bonanza seen in past years is unlikely.
Wisconsin Assembly Speaker Robin Vos, at podium, state Senate Majority Leader Devin LeMahieu, second from right, and other Republican legislators address reporters during a news conference Tuesday, Jan. 23, 2024, in the Assembly chambers of the state Capitol in Madison, Wis., to introduce a $2 billion tax cut plan. (AP Photo/Todd Richmond)

Republican leaders in at least 10 states are attempting to cut income tax rates this year, policy experts say, and in most cases they are building on recent major reductions.

The GOP governors of Georgia, Iowa and Oklahoma and lawmakers in Utah and Ohio are among those calling for additional cuts. They say their proposals are fiscally responsible and will drive economic growth.

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